Oregon Innovation Foundation
Oregon Innovation Foundation shows volatile financial performance with zero officer compensation.
EIN: 200072527 · Portland, OR · NTEE: U19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $84K |
| Program Spending | 75% |
| Net Assets | $65K |
| Transparency Score | 65/100 |
Is Oregon Innovation Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oregon Innovation Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oregon Innovation Foundation
Oregon Innovation Foundation (EIN: 200072527) is a nonprofit organization based in Portland, OR, classified under NTEE code U19. The organization reported total revenue of $35K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Innovation Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oregon Innovation Foundation is a micro nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $84K |
| Surplus / Deficit | +$85K |
| Total Assets | $86K |
| Total Liabilities | $22K |
| Net Assets | $65K |
| Operating Margin | 50.4% |
| Debt-to-Asset Ratio | 24.9% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Oregon Innovation Foundation reported a surplus of $85K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 24.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oregon Innovation Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -85.1% | -73.8% |
| 2021 | +673.2% | +153.9% | -12.4% |
| 2020 | -96.3% | -95.0% | -52.4% |
| 2019 | -60.2% | +62.0% | -89.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oregon Innovation Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Oregon Innovation Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not drawing salaries from the organization, which is highly favorable for donor trust and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Oregon Innovation Foundation's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, indicating potential instability.
- Significant deficits in multiple years (e.g., 201912: $94,073 revenue vs. $225,613 expenses), raising concerns about financial sustainability.
- Zero revenue reported in 202212 while still incurring expenses of $4,243, suggesting operational challenges or a funding gap.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting full transparency assessment.
Strengths
The following positive indicators were identified for Oregon Innovation Foundation:
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to minimizing executive overhead.
- Positive net income in the most recent filing (202312: $168,326 revenue vs. $83,544 expenses), indicating a recent improvement in financial health.
- Relatively stable liabilities, suggesting responsible debt management despite revenue fluctuations.
Frequently Asked Questions about Oregon Innovation Foundation
Is Oregon Innovation Foundation a legitimate charity?
Oregon Innovation Foundation (EIN: 200072527) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $35K. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Oregon Innovation Foundation spend its money?
Oregon Innovation Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Oregon Innovation Foundation tax-deductible?
Oregon Innovation Foundation is registered as a tax-exempt nonprofit (EIN: 200072527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oregon Innovation Foundation's spending goes to programs?
Oregon Innovation Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oregon Innovation Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Oregon Innovation Foundation is above average for NTEE category U19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oregon Innovation Foundation located?
Oregon Innovation Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 200072527. It is classified under NTEE code U19.
How many years of IRS 990 filings does Oregon Innovation Foundation have?
Oregon Innovation Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $35K in total revenue.
Is Oregon Innovation Foundation a good charity?
The Oregon Innovation Foundation demonstrates a commitment to minimizing executive compensation (0% reported). However, its financial stability is inconsistent, with significant fluctuations in revenue and expenses over the years. A full assessment of 'goodness' would require more detailed expense breakdowns to understand program efficiency.
How does the organization manage its liabilities?
The organization's liabilities have remained relatively stable, typically between $21,000 and $22,000, which appears manageable given their revenue in stronger years, such as $168,326 in 202312.
What caused the significant revenue drop in 202212?
In 202212, the organization reported $0 in revenue, a drastic decrease from $168,326 in 202312 and $26,994 in 202112. The provided data does not specify the cause, but such a drop could indicate a loss of major funding, a gap in grant cycles, or a reporting anomaly.
Filing History
IRS 990 filing history for Oregon Innovation Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oregon Innovation Foundation's revenue has grown by 264.3%, moving from $46K to $168K. Total assets increased by 143.6% over the same period, from $36K to $86K. Total functional expenses fell by 1%, from $84K to $84K. In its most recent filing year (2023), Oregon Innovation Foundation reported a surplus of $85K, with revenue exceeding expenses. The organization holds $22K in liabilities against $86K in assets (debt-to-asset ratio: 24.9%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $84K | $86K | $22K | — | — |
| 2022 | $0 | $4K | $2K | $22K | — | View 990 |
| 2021 | $27K | $28K | $7K | $22K | — | View 990 |
| 2020 | $3K | $11K | $7K | $22K | — | View 990 |
| 2019 | $94K | $226K | $16K | $22K | — | View 990 |
| 2018 | $236K | $139K | $142K | $17K | — | View 990 |
| 2017 | $49K | $43K | $49K | $21K | — | View 990 |
| 2016 | $35K | $85K | $43K | $21K | — | View 990 |
| 2015 | $410K | $472K | $93K | $21K | — | View 990 |
| 2014 | $230K | $290K | $155K | $21K | — | View 990 |
| 2013 | $215K | $212K | $195K | $0 | — | View 990 |
| 2012 | $259K | $103K | $192K | $0 | — | View 990 |
| 2011 | $46K | $84K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $84K, and assets of $86K.
- 2022: Revenue of $0, expenses of $4K, and assets of $2K (revenue -100.0% year-over-year).
- 2021: Revenue of $27K, expenses of $28K, and assets of $7K (revenue +673.2% year-over-year).
- 2020: Revenue of $3K, expenses of $11K, and assets of $7K (revenue -96.3% year-over-year).
- 2019: Revenue of $94K, expenses of $226K, and assets of $16K (revenue -60.2% year-over-year).
- 2018: Revenue of $236K, expenses of $139K, and assets of $142K (revenue +382.1% year-over-year).
- 2017: Revenue of $49K, expenses of $43K, and assets of $49K (revenue +39.4% year-over-year).
- 2016: Revenue of $35K, expenses of $85K, and assets of $43K (revenue -91.4% year-over-year).
- 2015: Revenue of $410K, expenses of $472K, and assets of $93K (revenue +78.7% year-over-year).
- 2014: Revenue of $230K, expenses of $290K, and assets of $155K (revenue +6.5% year-over-year).
- 2013: Revenue of $215K, expenses of $212K, and assets of $195K (revenue -16.9% year-over-year).
- 2012: Revenue of $259K, expenses of $103K, and assets of $192K (revenue +460.6% year-over-year).
- 2011: Revenue of $46K, expenses of $84K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oregon Innovation Foundation:
Data Sources and Methodology
This transparency report for Oregon Innovation Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.